October 2003
Supplement

03-10_ReedHycalog-Petterson_T1.htm (Oct-2003)

    Table 1. Change in the available fleet        2003    2002  2001  2000  1999  1998

 

  Table 1. Change in the available fleet  
     2003    2002  2001  2000  1999  1998  1997  1996  1995  1994  1993  1992  1991  1990  1989  1988  
  Previous year's fleet 1,722 1,722 1,636 1,644 1,705 1,665 1,649 1,729 1,841 1,853 1,996 2,251 2,320 2,542 2,752 3,331  
  Reductions to fleet  
  Auctioned for parts/
  cannibalized		 –59 n/a –23 –24 –41 –22 –28 –36 –71 –51 –57 –118 –69 –166 –168 –108
Large capital expenditure
  required		 –57 n/a –36 –40 –46 –29 –58 –42 –62 –58 –126 –94 –74 –105 –42 –110
Moved out of US –45 n/a –6 –4 –7 –10 –18 –24 –30 –21 –16 –46 –38 –23 –23 –22
Stacked > 3 years –7 n/a –28 –12 –2 –8 –17 –36 –29 –13 –25 –57 –50 –82 –113 –578
Destroyed –4 n/a –3 –2 –4 –3 –6 –3 –3 –5 –8 –7 –21 –6 –28 –17
Subtotal, deletions –172 n/a –96 –82 –100 –72 –127 –141 –195 –148 –232 –322 –252 –382 –374 –835  
   
  Additions to fleet                                
  Assembled from
  components		 74 n/a 105 34 9 62 57 24 35 42 13 4 43 40 50 22
Newly manufactured 48 n/a 9 6 6 7 2 3 0 2 1 3 0 0 1 8
Brought back into service 37 n/a 56 22 18 37 72 33 38 68 63 59 138 116 111 226
Moved into the US 10 n/a 12 12 6 6 12 1 10 24 12 1 2 4 2 0  
Subtotal, additions 169 n/a 182 74 39 112 143 61 83 136 89 67 183 160 164 256  
  Net change –3 n/a 86 –8 –61 40 16 –80 –112 –12 –143 –255 – 69 – 222 – 210 – 579  
     
  Total available rigs    1,719   n/a    1,722    1,636    1,644    1,705    1,665    1,649    1,729    1,841    1,853    1,996    2,251    2,320    2,542    2,752  
FROM THE ARCHIVE
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